Tag: electricity

• Friday, August 9th 2019 - 10:41 UTC

  Brazil’s July 12-month inflation 3.22%, and below the 4.5% target

  

  Brazil's inflation rate in July was 0.19%, the lowest rate recorded for that month since 2014, the Brazilian Institute of Geography and Statistics (IBGE) said on Thursday.

• Monday, April 1st 2019 - 08:20 UTC

  Venezuela collapses: no power, water or internet; Schools suspended, workday limited to 02:00 PM

  

  Venezuela’s President Nicolas Maduro announced 30 days of electricity rationing on Sunday, after his government said it was reducing the length of the workday and keeping schools closed due to devastating blackouts plaguing the country.

• Sunday, March 31st 2019 - 17:07 UTC

  Venezuela suffers the fifth mass blackout of the month

  

  A new massive blackout was recorded this weekend in Venezuela after a nationwide interruption of electricity service this Friday, which was slowly restored in main cities as Caracas. However, a new relapse of the supply occurred on Saturday night, affecting 16 states of the country - more than half.

• Thursday, March 7th 2019 - 08:43 UTC

  UK and industry plan 30% of electricity from offshore wind farms by 2030

  

  A deal confirmed between the UK government and the wind industry will ensure 30% of electricity comes from offshore wind by 2030. The move will help the UK towards the aim of securing almost all its power from low-carbon sources by 2030.

• Monday, December 3rd 2018 - 08:36 UTC

  IDB US$ 130m loan to modernize Argentine-Uruguayan bi-national Salto Grande dam and power plant

  

  The Inter-American Development Bank (IDB) has approved two financing packages worth a total of US$ 130 million in support of a program to modernize the Argentine-Uruguayan bi-national hydroelectric power plant in Salto Grande and a program to boost the competitiveness of the productive and tourism sectors of that region, made up of the departments of Concordia and Federacion in the Argentine province of Entre Ríos and Salto department in Uruguay.

• Monday, September 10th 2018 - 08:37 UTC

  World's largest working offshore wind farm opens off the coast of Cumbria

  

  The world's largest working offshore wind farm - covering an area equal to 20,000 football pitches - has opened off the coast of Cumbria, north west England. The £1bn Walney facility already had 102 turbines before the completion of a further 87 earlier this year - dubbed the Walney Extension.

• Monday, June 10th 2013 - 14:02 UTC

  Paraguay soy exports reach 1.55bn dollars in first five months of 2013

  

  Soybeans, electricity and beef figure as the main export items of landlocked Paraguay, during the first five months of the year. According to a release from the Ministry of Industry and Trade, exports at the end of May reached 4,12bn dollars compared to 2.96bn a year ago, which represents a 57.3% increase.

• Wednesday, May 16th 2012 - 01:07 UTC

  Brazil planning to cut taxes on electricity to help reduce industry costs

  

  The Brazilian government has plans to cut and simplify taxes for electricity producers and distributors as part of a strategy to reduce Brazil's high business costs and stimulate its struggling economy, reports Reuters.

• Friday, August 26th 2011 - 16:56 UTC

  Argentina blocks sale of Paraguayan power to Uruguay

  

  “Argentina wants to charge 49 dollars per KW of power transferred from Paraguay to Uruguay, which is five times what it charges Brazil” claims Paraguayan Vice President Federico Franco who described the pretension as “inadmissible and preposterous”.

• Wednesday, June 15th 2011 - 19:27 UTC

  Energy rich Venezuela, short in power and forced to ration electricity

  

  Big electricity users in Venezuela have been told to cut consumption or face increased charges. Consumers who save energy will be in line for discounts, officials said. The move comes after a series of recent power failures, the most recent last Friday and Saturday when outages affected most of western Venezuela.